The National Union of Romanian Hauliers (UNTRR) welcomes the political agreement reached regarding the enlargement of the Schengen Area with Romania and Bulgaria's air and sea borders starting from March 2024, but calls on Romanian and European authorities to also establish a clear date for the enforcement of the Schengen visa-free rules for land borders as well, starting in 2024."Schengen accession is an important and much-awaited step by Romanian passengers and transport operators, which should have been achieved as early as in 2011, when the European institutions found that Romania meets all the technical requirements for admission. Given that all passenger data are at the disposal of air transport operators, the enlargement of the Schengen Area with Romania's air borders could have been accomplished a long time ago. There is obviously no justification of a technical nature for the delay, the reasons are political, the members of the EU club have chosen to punish Romania and Bulgaria and reduce their competitiveness all this time, curbing their development potential. Yet now, Romania's joining the Schengen with the land borders is an emergency for road freight carriers whose efficiency is currently severely penalized through the extremely long waiting times (about 30 - 36 hours daily between Romania and Bulgaria) and for coach operators, in order to avoid the significant administrative burden arising from the new obligations of verifying passenger data in the European EES and ETIAS travel registration and authorization systems starting from next year," UNTRR secretary general Radu Dinescu said, as cited in a release of the organization.According to a report conducted by UNTRR this year on the impact on road freight of Romania being kept out of Schengen, the industry incurred losses of 2.41 billion euros."We request the urgent setting of a definite date for Romania's Schengen entry with land borders too, and if there are certain special requirements, they should be clearly mentioned in order to have a precise reference regarding the accession calendar and the goals to be achieved. The criteria the other members of the EU club want Romania and Bulgaria to fulfill must not exceed the general framework and the technical requirements for admission," said Dinescu.UNTRR representatives point out that the road transport industry, which with 7.66 billion euros in 2022 is Romania's largest exporter of services, is the economic branch most affected by Romania being kept out of Schengen.
Romanian farmers are set to benefit from improved access to financing following a EUR 25 million loan granted by the European Investment Bank (EIB) to Agricover Credit IFN SA, aimed at supporting micro agricultural businesses across the country. The funding will be provided under the InvestEU mandate and is intended to boost productivity and promote […]
Romanians rank among the most satisfied homeowners in Europe, but rising housing-related costs continue to put significant pressure on household budgets, according to the RE/MAX European Housing Trend Report 2025. The study showed that 81% of Romanians are happy with their living situation, above the European average of 77%, while 83% live in owner-occupied properties, […]
The Grand Chamber of the European Court of Human Rights (ECHR) on December 15 ruled in favor of judge Cristi Danileţ in his case against Romania and ruled that the Romanian authorities had violated Article 10 of the European Convention on Human Rights that guarantees freedom of expression, which includes the right to hold opinions […]
Romanian car battery producer Rombat SA has been fined a total of EUR 20.2 million by the European Commission for breaching European Union competition rules, the Commission said in a decision announced on December 15. Rombat is a subsidiary of the South African automotive components group Metair. The Commission found that Rombat participated in anti-competitive […]
Romania’s industrial output rose by 0.3% y/y in October, despite a negative performance (-0.3% y/y) in the core manufacturing segment, thanks to a robust 6.6% y/y advance in the segment of utilities, according to data published by the statistics office INS. On a monthly basis, the seasonally-adjusted industrial output advanced by 0.4% m/m despite 0.5% […]
Romania’s gross external debt increased by EUR 22 billion in the first ten months of 2025 to reach EUR 225.5 billion at the end of October, equivalent to 61% of gross domestic product (GDP), according to data published by the National Bank (BNR). Long-term liabilities accounted for 78.7% of the total stock. BNR data showed […]
